The Solana crypto card market reached a new all-time high of $69.5 million in monthly spending in July, underscoring accelerating adoption of crypto-based payment cards as users increasingly move digital assets into real-world transactions rather than keeping activity confined to onchain trading.
KAST remained the clear leader in Solana's crypto card market during July, processing $62.34 million in card volume. That represented 89.7% of all crypto card spending on Solana, according to Paymentscan, reinforcing the platform's dominant position within the ecosystem.
Avici ranked a distant second with $2.21 million, highlighting the large gap between KAST and the rest of Solana's crypto card providers.
Crypto Card Spending Reaches a New Record
Beyond Solana, crypto payment cards also recorded their strongest month on record.
Paymentscan data shows that crypto card spending reached $748.7 million in July, a 19.1% increase from June's $628.7 million and 144.7% higher than the $306 million recorded a year earlier. The result marked the fifth consecutive month of record monthly growth.
Users completed 8.77 million transactions from 158,857 active addresses, both all-time highs. Paymentscan also said flows into stablecoin neobanks exceeded $1 billion for the first time.
RedotPay, EtherFi, and KAST Lead the Industry
RedotPay remained the largest crypto card provider overall, processing $395.1 million in July. EtherFi followed with $100.3 million, while KAST ranked third globally with $89.6 million in card volume.
Paymentscan noted that all 3 leading providers, RedotPay, EtherFi, and KAST, posted double-digit monthly growth during July.
Meanwhile, Avalanche Card recorded the fastest monthly growth with a 71.8% increase to $2.443 million. Plasma One grew 69.1% to $15.18 million, while Exa App rose 52.7% to $2.268 million.
Everyday Crypto Payments Continue to Expand
The market also set a new single-day spending record of $36.8 million on July 20. KAST processed $13.6 million that day, surpassing RedotPay's daily volume for the first time ever. Also, cumulative deposits into crypto card programs surpassed $10 billion around the start of July, representing roughly 82% year-to-date growth.
The continued rise in spending suggests that stablecoin-backed payment cards have become one of crypto's fastest-growing real-world use cases, with Solana's ecosystem playing a significant role through KAST's commanding market position.
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